Kalyani Cast-Tech Ltd (544023)
🎯 Key Takeaways
- Kalyani Cast-Tech Ltd is in a stable growth phase, supported by consistent promoter holding and incremental financial improvements, though scale remains modest with total assets of ₹87 crore as of March 2026. Management has demonstrated continuity in leadership by reappointing the Whole Time Director for five years pending shareholder approval, signaling governance stability.
- ⚠️ The company's small scale and low trading liquidity, given a market cap of ₹741 crore and thin institutional interest, could lead to price volatility.
- Market Cap
- ₹902
- Promoter
- 59.5%
📖 The Story
Kalyani Cast-Tech Ltd is in a stable growth phase, supported by consistent promoter holding and incremental financial improvements, though scale remains modest with total assets of ₹87 crore as of March 2026. Management has demonstrated continuity in leadership by reappointing the Whole Time Director for five years pending shareholder approval, signaling governance stability.
📰 What's Happening
The board convened on 31 August 2026 and approved the 14th Annual General Meeting for 30 September 2026, with the record date set for 23 September 2026. It also reappointed Whole Time Director Jayashree Kumar for five years effective 5 April 2027, pending shareholder approval at the AGM. The appointment of Raj Kaushik & Associates as cost auditor and R. Mahajan & Associates as internal auditor for FY 2026-27 underscores ongoing compliance and audit framework oversight.
Source: Stock Announcements
🔮 Management Outlook & What's Next
Management has not provided explicit forward guidance in the available filing content, but the reappointment of key personnel and scheduled AGM suggest focus on governance continuity and shareholder engagement. No new strategic initiatives or capital plans were disclosed in the board meeting summary.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|
| Equity Capital | 7 | — | 7 |
| Reserves | 57 | — | 67 |
| Borrowings | 5 | — | 2 |
| Total Liabilities | 75 | — | 77 |
| Fixed Assets | 8 | — | 24 |
| Investments | 15 | — | 2 |
| Total Assets | 75 | — | 77 |
The balance sheet reflects a conservative capital structure with negligible debt and growing reserves, suggesting prudent capital allocation and low financial risk. Total assets have grown steadily from ₹75 crore to ₹87 crore over three years, indicating gradual asset base expansion without aggressive leverage.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 | Mar 2026 |
|---|---|---|
| Operating | +8 | +18 |
| Investing | -4 | -20 |
| Financing | -3 | -5 |
| Net Cash Flow | +2 | -7 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 59.5% | 59.5% | 59.5% | 59.5% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.4% | 0.5% | 0.2% | 0.0% |
| Public | 29.2% | 29.1% | 29.8% | 30.3% |
| # Shareholders | 2,094 | 2,070 | 1,971 | 2,209 |
Promoter holding remains stable at 59.48% across quarters, with no signs of dilution. FII and DII holdings are minimal but have shown slight upward movement in DII from 0.01% to 0.47% over four quarters, suggesting modest institutional interest. The growing number of public shareholders (from 1,971 to 2,209) may reflect retail investor engagement.
⚖️ Peer Comparison — Castings, Forgings & Fasteners
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| BHARATFORG | 92,917 | 131.6 | 9.9% | — | 0.72 |
| AIAENG | 35,773 | 28.3 | 22.0% | — | 0.07 |
| PTCIL | 33,820 | 269.3 | 11.4% | — | 0.04 |
| HAPPYFORGE | 19,542 | 59.6 | 18.2% | — | 0.15 |
| CIEINDIA | 14,272 | 15.8 | 15.4% | — | 0.05 |
| RKFORGE | 13,042 | 121.5 | 6.3% | — | 0.72 |
| KENNAMET | 8,874 | 75.8 | 23.8% | — | 0.00 |
| BALUFORGE | 6,000 | 20.6 | 33.6% | — | 0.04 |
| ELECTCAST | 4,729 | 39.0 | 4.0% | — | 0.26 |
| STEELCAS | 3,758 | 41.5 | 30.9% | — | 0.00 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
The company's small scale and low trading liquidity, given a market cap of ₹741 crore and thin institutional interest, could lead to price volatility. Prolonged governance uncertainty around the Whole Time Director's reappointment may affect investor confidence. Limited analyst coverage and disclosures may hinder transparency and valuation accuracy.
📋 Recent Filings
- Announcement2026-09-26Kalyani Cast-Tech Ltd announced that its trading window will close on October 1, 2026, for all designated persons, including immediate relatives, unti…
- 🟡 Board Meeting2026-09-23Kalyani Cast-Tech approved the allotment of 323,123 convertible equity warrants at ₹582 per warrant, raising [amount not verified] via preferential is…
- Announcement2026-09-13Kalyani Cast-Tech revised its event schedule for the Gati Shakti Cargo Terminal inauguration, Bulk Salt Container Train flagging off, and Inland Conta…
- 🔴 Announcement2026-09-11Kalyani Cast-Tech received regulatory approval to issue a Letter of Intent for an inland container depot at Shivlakha, Kutch, Gujarat, strengthening i…
- Announcement2026-09-11Kalyani Cast-Tech announced the inauguration of a Gati Shakti Cargo Terminal, the flagging off of a Bulk Salt Train, and the foundation stone laying f…
- Announcement2026-09-10Kalyani Cast-Tech announced it received in-principle approval from BSE to issue 323,123 convertible warrants to promoters and non-promoters on a prefe…
- 🔴 Announcement2026-09-08Kalyani Cast-Tech announced a strategic agreement with ITE Japan on September 8, 2026, focusing on refrigerated containers and IceBattery technology. …
- 🟡 Board Meeting2026-09-05Kalyani Cast-Tech announced a book closure from September 24 to 30, 2026, to facilitate its 14th Annual General Meeting for FY 2025-26, during which t…
- 🔴 annual report2026-09-05Kalyani Cast-Tech Limited reported a 21% YoY revenue increase to ₹15,212.78 lakhs, driven by higher sales, while profit after tax rose 19% to ₹1,705.6…
- 🟡 Board Meeting2026-08-31The board convened on 31 August 2026 and approved convening the 14th Annual General Meeting on 30 September 2026 via video conference, fixing the reco…
🧠 Analyst's Read
Kalyani Cast-Tech exhibits financial stability and governance continuity, but its small size, low liquidity, and lack of clear growth catalysts warrant caution. Investors should monitor the AGM outcome for director reappointment and any future disclosures on expansion or margin improvement initiatives.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-30.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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